-NDTV blog If you had invested all your savings in the stock market at the end of March last year, by now, you would have almost doubled your money. But in the same period, India's GDP in today's prices would have slid by at least 9-10 percent. Anyone who looks at this divergence will say that the markets have completely 'decoupled' from the economy. Conventional wisdom tells us that this is a...
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False phone numbers, fake names: How Bihar Covid testing data got infected -Santosh Singh
-The Indian Express The Indian Express travels across Jamui, Sheikhpura and Patna districts and tracks down nearly 600 entries shown as tested to find glaring gaps between what’s on paper — and what’s on the ground. Jamui, Patna and Sheikhpura: Over three days last month, three Primary Health Centres (PHC) in Bihar’s Jamui district tested 588 residents for Covid — all were negative. The name, age and cell number of each person...
More »The anatomy of a stock market bubble staring India in the face -Vivek Kaul
-Livemint.com Easily buyable shares, a gush of cheap money and a burst of speculation have over-inflated prices On 18 December, the price to earnings (PE) ratio of the Nifty 50 stock market index reached an all-time high of 37.84. This was around 87% higher than the average PE ratio of 20.26 since 1 January 1999. The PE ratios of the Nifty 50 and other broader indices continue to remain at extremely high levels....
More »Covid-19 Impact: Huge Decline in People Accessing Health Services -Ravi Duggal
-Newsclick.in While Covid-19 affected all areas of life, it was access to healthcare where it had the maximum effect. So inpatient admissions, outpatient care or operations saw declines of up to 40%. Declines were also seen in deliveries, antenatal care and immunisation of children. States with a large private health sector also suffered as charges were increased substantially so that Profits remained unaffected. So the message is clear–give adequate budgetary allocations...
More »Convergence of agrarian discontent in South Asia -Ahilan Kadirgamar and Hashim bin Rashid
-The Hindu With protests becoming catalysts for anti-authoritarian struggle, the air is ripe for new visions of rural emancipation Those familiar with the systematic attack on agriculture in South Asia over the last decades will not be surprised at the ongoing farmers’ protests in India. It could have been Pakistan, where farmers protesting for support prices were beaten up and arrested in Lahore only a month ago, or Sri Lanka, where shortages...
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